Turkey's economy re-balancing, will improve relations with US: Erdogan

President Tayyip Erdogan said on Monday fluctuations in the lira do not reflect economic reality and Turkey was on the verge of overcoming what he described as attacks on the economy.

In a speech to a new session of parliament, Erdogan also said Turkey's economy was rebalancing. He said he hoped that strained relations with the United States, which led Washington to impose sanctions and raise tariffs, would improve soon.